Dispatches from the 10th Crusade

Entries from What's Wrong with the World tagged with 'plutocracy'

“I say that justice is nothing other than the advantage of the stronger [and] injustice on a sufficiently large scale is a stronger, freer, and a more masterful thing than justice.” Thus Thrasymachus, in Plato’s Republic. In recent discussions...

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Long-time reader Jeff Singer passed along this very interesting essay on the financial crisis. The burden of the authors’ argument is that that the crisis resulted primarily from a failure of government, and they marshal a considerable amount of evidence...

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From the moment man was self-conscious (or, if you like, from the moment he emerged out of the state of nature) he faced a political choice something like this. He could have rule by the one, rule by the few,...

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Two recent reports in The Wall Street Journal really put flesh on the bones of my argument about what has become of the real estate and finance sectors of the American economy since this crisis of usury began. One...